President & COO of PetSmart Inc. (PETM) David K Lenhardt sells 40,050 shares of PETM on 11/20/2012 at an average price of $68.86 a share.

Petsmart Inc. has a market cap of $7.29 billion; its shares were traded at around $69.24 with a P/E ratio of 20.9 and P/S ratio of 1.2. The dividend yield of Petsmart Inc. stocks is 1%. Petsmart Inc. had an annual average earning growth of 16.7% over the past 10 years. GuruFocus rated Petsmart Inc. the business predictability rank of 4-star.

This is the annual revenues and earnings per share of PETM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of PETM.

CEO Recent Trades:

• CEO and Chairman Robert F Moran sold 16,000 shares of PETM stock on 06/18/2012 at the average price of 68.5. Robert F Moran owns at least 185,121 shares after this. The price of the stock has increased by 1.08% since.
• CEO and Chairman Robert F Moran sold 16,000 shares of PETM stock on 06/13/2012 at the average price of 67.5. Robert F Moran owns at least 185,121 shares after this. The price of the stock has increased by 2.58% since.
• CEO and Chairman Robert F Moran sold 16,000 shares of PETM stock on 06/08/2012 at the average price of 66.5. Robert F Moran owns at least 185,121 shares after this. The price of the stock has increased by 4.12% since.
• CEO and Chairman Robert F Moran sold 14,583 shares of PETM stock on 06/06/2012 at the average price of 65.5. Robert F Moran owns at least 185,121 shares after this. The price of the stock has increased by 5.71% since.

CFO Recent Trades:

• EVP CFO Lawrence Molloy sold 5,496 shares of PETM stock on 11/19/2012 at the average price of 68.89. The price of the stock has increased by 0.51% since.
• EVP CFO Lawrence Molloy sold 10,533 shares of PETM stock on 06/18/2012 at the average price of 68.42. Lawrence Molloy owns at least 5,496 shares after this. The price of the stock has increased by 1.2% since.
• EVP CFO Lawrence Molloy sold 30,000 shares of PETM stock on 06/04/2012 at the average price of 63.02. Lawrence Molloy owns at least 16,029 shares after this. The price of the stock has increased by 9.87% since.

This is the insider trade history vs. stock price of PETM. For the complete insider trading history of PETM, click here.

Directors and Officers Recent Trades:

• President & COO David K Lenhardt sold 40,050 shares of PETM stock on 11/20/2012 at the average price of 68.86. David K Lenhardt owns at least 178,672 shares after this. The price of the stock has increased by 0.55% since.
• SVP Merchandising Matthew R. Mcadam sold 1,380 shares of PETM stock on 10/09/2012 at the average price of 70.18. Matthew R. Mcadam owns at least 223 shares after this. The price of the stock has decreased by 1.34% since.
• Director Philip L Francis sold 8,145 shares of PETM stock on 09/28/2012 at the average price of 68.89. Philip L Francis owns at least 118,830 shares after this. The price of the stock has increased by 0.51% since.
• President & COO David K Lenhardt sold 10,000 shares of PETM stock on 09/10/2012 at the average price of 71.75. David K Lenhardt owns at least 178,672 shares after this. The price of the stock has decreased by 3.5% since.
• President & COO David K Lenhardt sold 10,000 shares of PETM stock on 09/06/2012 at the average price of 71.5. David K Lenhardt owns at least 178,672 shares after this. The price of the stock has decreased by 3.16% since.

For the complete insider trading history of PETM, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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